AT&T earnings: What to expect

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

AT&T kicks off earnings season for wireless companies Thursday morning with a report that will show whether subscriber growth has remained robust.

AT&T Inc. kicks off earnings season for wireless companies Thursday morning with a report that will show whether subscriber growth has remained robust after two big growth years for the industry.What to expect Earnings: Analysts tracked... AT&T Inc. kicks off earnings season for wireless companies Thursday morning with a report that will show whether subscriber growth has remained robust after two big growth years for the industry.

Revenue: The FactSet consensus calls for AT&T to post $30.2 billion in revenue, down from a year-earlier total of $38.1 billion that included WarnerMedia contributions. The average estimate on Estimize is for $30.4 billion. Of the 26 analysts tracked by FactSet who cover AT&T’s stock, 10 have buy ratings, 12 have hold ratings and four have sell ratings, with an average price target of $20.95.

Still, he thinks the company should be able to exceed its target of $16 billion or better in 2023 free cash flow. Kraft’s own estimate is for $17.2 billion on the year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great 👍

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines